Motorcycle Loan through bank?

[Deutsch]

For a 4 year loan on a $7500 used bike, and I have decent credit, what would be the APR on it?

Like what's the average. Like I see most websites say the average is between 7-10% but when I drive around I see some places say 10%, some say 2%, I am not a misc banker so I'm unaware in this field.

[89FoxBody]

My credit score was like 750 and they gave me 9.75% on $4,000. They said that my credit was good but I didn't have enough "credit references" lol...Whatever.

[captmaaz]

Originally Posted by Deutsch

For a 4 year loan on a $7500 used bike, and I have decent credit, what would be the APR on it?

Like what's the average. Like I see most websites say the average is between 7-10% but when I drive around I see some places say 10%, some say 2%, I am not a misc banker so I'm unaware in this field.

Bank loan is a deep pit donot jump. Take a break wait for some time.

[Deutsch]

Originally Posted by DIDMan

Your 19 how do you plan on paying it back? are you even in college yet?

Well I have my associates in electronic engineering and work for an Army Depot, paying it back is no problem, I'm just wondering about the APR's.

[dbantayjr]

You HAVE to have good credit to be financed for a motorcycle. Its harder to get a loan on a bike than it is a car. Reason being is that motorcycle not considered a neccesity as opposed to a car. Banks consider it a toy, and it is harder to repo because you could hide it in your garage or even inside your house. Best thing to do if your still young is have a co signer. Got denied twice when i was 19 and finnally got financed when i was 24 with a score of 727..